Bad investment
I was on the investor side. Big mistake. It initially sounded good, passive income, Equity and Help does all the work. The problems started almost immediately. Equity and Help had no direct employees in the City that we invested in 3 houses. We’d get a monthly statement but the data was already old. We’d call with questions and it would take 5 calls before anyone from Equity and Help would call back. Then we’d have to call 5 more times to get them to get any answers, which most times was not much information. One house got trashed, literally, and we didn’t find out about it for months. It was brutal. We finally got all 3 deeds transferred into our names and are managing them ourselves, after having to spend $50,000 of our money on fixing the trashed house. Also, we found out later that the value of the houses were about half of what we paid to Equity and Help, and the locations were in a high crime, undesirable area of the City. My nickname for them became Equity and Hype, but it could also be Equity and No Help. It’s a good idea but it is a horrendously irresponsible and unprofessional company. Do your research thoroughly to avoid my headaches. We no longer have anything to do with Equity and Help and would never recommend them to anybody.